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RBI Imposes Rs 2 Crore Penalty On Standard Chartered Bank
On Thursday, the Reserve Bank of India (RBI) imposed a penalty of Rs 2 crore on Standard Chartered Bank-India for delays in reporting of frauds. The monetary penalty has been imposed on the bank for non-compliance with certain directions contained in ...
Goldman Sach, BoAML and SCB cut India growth rates
Three noted foreign investors have cut India's growth forecasts by revising downwards growth estimates. Standard Chartered has said that it expects India to report an annual growth rate of 6% in the March quarter from 6.1% in the previous quarter and ...
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